The intersection of agriculture and technology, known as agritech, is emerging as a transformative force in Japan, offering solutions to challenges posed by an aging agricultural workforce and rising production costs. In 2020, the average age of individuals engaged primarily in agriculture in Japan was approximately 68 years old, and the number of people involved… Read More

Any company looking to hire Chinese talent will have to understand labor laws in China. It can be extremely difficult for foreign companies to navigate the complex employment law landscape in China. Everything, from the employment contracts to the probation period and labor disputes, needs to be handled strictly according to China labor laws. Labor… Read More

Western companies continue to face challenges with China market entry regardless of the size and nature of the company. Despite the difficulties created by the pandemic the Chinese economy has continued to grow throughout. It remains the second-largest global economy behind the United States. This means that entering as large and complex a market as… Read More

A supply chain network design is a working model for a supply chain framework. It helps businesses to estimate the costs and resources required to create a product or service in a specific market. Having a supply chain network design can also help a business identify potential risks and inefficiencies in a supply chain. Additionally,… Read More

In recent years, China’s social demographic structure has changed significantly with increasing population aging. Many elders live alone without children by their sides. Meanwhile, the number of marriage registrations in China has declined year by year since 2013, and the single rate among young generations in China is rising accordingly. These social changes have promoted… Read More

Environmental regulations are improving in countries across Southeast Asia as governments seek to reduce the environmental impact of continued industrialization, urbanization, and population growth on air and water quality. Investors must anticipate regulations and consider them in the context of their investment strategies to ensure that future operations will be compliant within the chosen countries… Read More

By 2025, the implementation of predictive maintenance is expected to result in a noteworthy reduction in expenditures, ranging from 10% to 40%, coupled with an improvement in equipment longevity by 3% to 5%. Additionally, a substantial 50% reduction in equipment downtime is projected, according to a report by McKinsey & Company. The economic impact of predictive… Read More

This article is part of a series exploring Southeast Asia’s industrial zone landscape. For a comprehensive overview, refer to our articles on Malaysia, Vietnam, and Thailand’s Mega-sites. Foreign investment in Southeast Asia’s largest market surged during 2022, with the total investment value rising by 44% from the previous year, to $43 billion. The year saw major… Read More

Vietnam’s current economic boom did not happen overnight. The nation’s future is deeply intertwined with its past, specifically its historical struggle for independence. After many years of colonial rule and the devastating Vietnam War, Vietnam gained its independence in 1976.  Following the nation’s new independence, Vietnam faced the daunting task of rebuilding its economy. After… Read More

In a bold move to position Japan as a leader in the global asset management industry, Prime Minister Fumio Kishida is considering the establishment of special business zones in four key locations: Tokyo, Osaka, Fukuoka Prefecture, and Sapporo City. This initiative aims to entice foreign asset management companies to set up operations in Japan. Prime… Read More